Cento Capital Presents the King West Lofts at a 7% Cap - Turnkey mixed-use investment opportunity in the heart of Brockville at 94 King St W. This well-maintained asset features 8 total units including 5 residential and 3 commercial, generating a strong net operating income of $113,962.66. Seller may be open to a VTB / Seller Financing. Experienced property management and trusted contractor team in place, offering seamless continuity and added value for the new owner. The property benefits from recent capital improvements two completely new units to the studs, one renovated unit, updated rear siding, newer windows in rear units, reducing near-term expenses. All five residential units include in-suite laundry, supporting tenant retention and rental growth. The commercial component is anchored by established tenants including one occupant of over 50 years, providing exceptional income stability. Additional value includes 5 on-site parking spaces in a desirable downtown location. Ideal for investors seeking consistent cash flow, reliable tenancy, and a proven income-producing asset. Tenants pay own Hydro. Landlord pays water. No Gas. (id:4069)
Address
94 KING STREET W
List Price
$1,499,900
Property Type
Multi-family
Type of Dwelling
Multi-Family
Transaction Type
Sale
Area
Ontario
Sub-Area
Brockville
Floor Area
5,678 Sq. Ft.
Lot Size
Bldg=50.38 x 91.4 FT Sq. Ft.
Lot Depth
91 ft ,4 in
Frontage Length
50 ft ,4 in
MLS® Number
X13874508
Listing Brokerage
REAL BROKER ONTARIO LTD.
Postal Code
K6V3P9
Zoning
MD
Appliances
Dryer, Washer
Heat Type
Baseboard heaters
Cooling Features
None
Water Source
Municipal water
